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*** SOLD ***
Engineering - Semi-Managed
Listing: #13568
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About this Business for sale in Auckland City
Engineering - Semi-ManagedVendor Retiring after 35 years!! Owners Cash profit (EBITDA) $334,527 pa !!! This well established engineering /reconditioning business has a solid reputation as a leader in its field of engine reconditioning,machining and engineering services. The broad and loyal customer base provides consistent revenue from the range of services being provided. The business is currently operating under semi-management with the owner only working 3 days per week. Well established operating systems,experienced staff and well maintained plant and equipment offer the new owner the opportunity to be a working owner or to contniue to operate under semi management. this is an opportunity for someone wanting a good return on investment or for an acquisition to merge with another business. vendor is offering good transitional support to the new owner ensuring a smooth transition can be achieved. Strict confidentiality applies.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.